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RYZE-DEVELOPMENT

Open bankruptcy
Private limited companyfounded 2018Lange Beeldekensstraat 324, 2060 Antwerpen, BelgiumKBO/BCE: BE 0701.903.480

A bankruptcy procedure is open for RYZE-DEVELOPMENT according to publications in the Belgian State Gazette; curator: JAN BRAECKMANS.

Summary

The 2019 annual accounts show equity of €7,415 and a net result of €1,215.

RYZE-DEVELOPMENTOpen bankruptcy

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Antwerp, Antwerp division
Declared bankrupt
23 March 2023
Supervising judge
Thomas Verheust
Official Gazette
07-04-2023 (pdf) ↗search the document for 2023/113605

Curator

  • Jan BraeckmansGrote Steenweg 417, 2600 Berchem (Antwerpen)jb@lvv-law.be

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors

Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 21-07-2020, 10 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2019
10 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its 2019 accounts 10 days before the deadline; the Belgian median for financial year 2019 is on the deadline day, and 49% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 30 August 2018, RYZE-DEVELOPMENT was incorporated.1 The company has filed annual accounts once, for fiscal year 2019.2 The company was declared bankrupt on 23 March 2023.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019
  3. 3Belgian State Gazette, 07-04-2023

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2019, micro schema

Equity
€7,415
Total assets
€8,746
Net result
€1,215
Working capital
€5,715

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €8,746
Fixed assets €1,700
Current assets €7,046
Equity and liabilities €8,746
Equity €7,415
Debt €1,332
Debt finances 15.2% of the balance-sheet total.
Key figures and ratios
2019 value
Current ratio
5.29
ROE
16.4%
ROA
13.9%
Debt ≤ 1 year
€1,332
Annual accounts
Filed annual accounts As filed with the NBB · 2019 · 19 lines
Balance sheet Code2019
Assets
Total assets20/58€8,746
Fixed assets21/28€1,700
Financial fixed assets28€1,700
Current assets29/58€7,046
Amounts receivable within one year40/41€6,200
Cash at bank and in hand54/58€846
Equity and liabilities
Total equity and liabilities10/49€8,746
Equity10/15€7,415
Contributions10/11€6,200
Profit (loss) carried forward14€1,215
Amounts payable17/49€1,332
Amounts payable within one year42/48€1,332
Income statement Code2019
Gross operating margin9900€2,257
Operating profit (loss)9901€2,033
Recurring financial income75€0
Recurring financial charges65€819
Profit (loss) for the period before taxes9903€1,215
Profit (loss) for the period9904€1,215
Profit (loss) for the period to be appropriated9905€1,215
Line2019
Gross operating margin9900€2,257
Operating profit (loss)9901€2,033
Recurring financial income75€0
Recurring financial charges65€819
Profit (loss) for the period before taxes9903€1,215
Profit (loss) for the period9904€1,215
Profit (loss) for the period to be appropriated9905€1,215
Line2019
Assets
Total assets20/58€8,746
Fixed assets21/28€1,700
Financial fixed assets28€1,700
Current assets29/58€7,046
Amounts receivable within one year40/41€6,200
Cash at bank and in hand54/58€846
Equity and liabilities
Total equity and liabilities10/49€8,746
Equity10/15€7,415
Contributions10/11€6,200
Profit (loss) carried forward14€1,215
Amounts payable17/49€1,332
Amounts payable within one year42/48€1,332
Line2019
Profit (loss) for the period9904€1,215
Operating cash flow (approximation)€1,215

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2023
07-04
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 23-03-2023
2020
21-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
SignalNBB filing
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen
exact location from the address register On OpenStreetMap
Ground area
37 m²
Building footprint
48 m²
Volume, LiDAR
423 m³
Parcel 11805E0728/00F010, Flanders · tallest building 12.6 m, ±3 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11805E0728/00F010 Flanders 37 m² 1 · 48 m² 12.6 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

1 mandate
Role Name Tenure
Curator JAN BRAECKMANS
GROTE STEENWEG 417, 2600 BERCHEM (ANTWERPEN)
23-03-2023 → present

Identification & contact

Identification
Legal formPrivate limited company
Founded30-08-2018
Fiscal year end31-12

Scores and ratios are computed by Checked and are not a credit decision.